News and Information from Bond Buyer

Week Of November 2 Issuer St Description Amount

Week Of November 2 Issuer St Description Amount

Government

Sales of State and Local Government Series Securities will resume Tuesday at noon EST, the Treasury Department said, after President Obama signed legislation Monday that suspends the debt limit through March 15, 2017.

The Indiana Finance Authority's chief financial and chief operating officer, Dan Huge, will take the helm of the agency that serves as the state's borrowing arm.

In striking down a class-action union appeal Nov. 2, the Georgia Supreme Court ruled that Atlanta did not violate the state's constitution when the City Council reformed pension benefits in 2011.

The National Governors Association has hired Scott Pattison to be its new executive director and chief executive officer.

Municipal bond prices finished weaker on Monday, according to traders, with yields on top-quality munis rising by as much as two basis points.

Moody's Investors Service is taking a positive view of Springfield, Ill's water, light and power utility's $500 million debt restructuring as a stabilizing influence on its credit profile

Greenhouse gas regulations could cause declines in Wyoming's employment and revenues due to lowered demand for the coal the state produces, a University of Wyoming professor said recently.

Voters in Texas will decide $9.1 billion of local bond proposals and a statewide constitutional amendment to divert $2.5 billion of sales tax revenue to transportation.

Hawaii's airport system received upgrades from two rating agencies and an improved outlook ahead of a $250 million bond sale.

The more than 250 amendments filed to the House's proposed six-year highway bill include a proposal to raise the federal gasoline tax by 15 cents.

The Illinois Teachers' Retirement System's total unfunded pension obligations worsened slightly in the last fiscal year, to $62.7 billion from $61.5 billion.

The Administration has concluded that, as part of a comprehensive approach to Puerto Rico's crisis, a tested federal bankruptcy regime is necessary.

The IAH Public Facility Corp.' $49 million of bonds for a jail in Polk County, Texas, are one of a number of issues that have been audited by the IRS, which has claimed jail bonds are taxable private activity bonds.

Denver voters decide this week if they will extend taxes to help fund expansion of the downtown convention center and to upgrade the National Western Stock Show complex.

The Treasury Department Monday sold $45 billion 72-day cash management bills, dated Nov. 3, due Jan. 14, 2016, at a 0.080% high tender rate.

On Oct. 26, Alaska Attorney General, Craig Richards, released a report titled, "A Sound Fiscal Future." In Standard & Poor's Ratings Services' view, publication of the report itself is a favorable development because it illustrates to state lawmakers how a pathway to a more sustainable fiscal structure for Alaska's general fund is possible.